Vietnam will suffer electricity shortages until monopoly removed, says energy industry leader

(March 20, 2008) We need to create a real electricity market and remove the monopoly," Vietnam Energy Association Chairman, Tran Viet Ngai, said earlier this year in response to the country’s chronic power shortages. "The biggest problem right now is Electricity of Vietnam controls all the generation, distribution and investment."

Why Aren’t We Developing Faster?

(March 4, 2008) According to Paul Wolfowitz, former President of the World Bank: World Bank’s beneficiary countries that do not have access to capital markets mostly “remain poor because their political system is unstable, private property rights are very limited, the judicial system is weak or subservient, or the Government is corrupt” and assistance to such countries “at best provides relief [and] at worst supports corruption or programs that waste scarce local and external resources”.